6120 29th Street NE, Tacoma, WA 98422

$775,000
1,944
SqFt

Listing courtesy of Pellego, Inc..

List Price
$775,000
Status
ACTIVE
MLS#
2199380
Price Change
▼ $20,000 1709096699
Days on Market
16
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,944
Area Total SqFt
1944
Annual Tax Ammount
4710
Internet Provider
Xfinity
Lot Size (sq ft)
6,000
Sewer
Sewer Connected

Property Description

Great investment opportunity in this well maintained fully rented Townhome style Duplex in Tacoma. Located in Browns Point and within the Stadium High School District boundaries. Updated and nicely laid out units featuring 2 bedrooms and 1.5 bath, quartz counter-tops, stainless steel appliances, laminate flooring, AC w/ mini splits, fireplace and more. Dishwasher and washer & dryer in each unit. Each unit also has its own separate attached garage plus additional parking spaces. Spacious 6000 sq. foot corner lot with privately fenced patio areas for each unit. Solid income generating property in a very convenient location. Close to restaurants, shopping, BPA Trail, Beach, neighboring amenities and more. Low maintenance landscaping.

Additional Information

List Date
2024-02-12 23:01:12
Community
Browns Point
Net Operating Income
$39,298
Gross Adjusted Income
$49,200
Gross Scheduled Income
$49,200
Total Monthly Income
$4,100
Insurance Expenses
$1,067
Water/Sewer/Garbage Expenses
$3,600
Gross Rent Multiplier
16.15
Total Expenses
$9,902
Cap Rate
5.07
Total Number of Units
2
Unit Name
6120
Potential Terms
Cash Out, Conventional
Year Built
1978
Roof
Composition
Site Features
Cable TV, Fenced-Partially, High Speed Internet, Patio
Other Expenses
525
Energy Source
Electric
School District
Tacoma
Total Monthly Income
$4,100
Gross Scheduled Income
$49,200
Gross Adjusted Income
$49,200
Tax Year
2023
Insurance Expense
$1,067
W/S/G Expenses
$3,600
Total Expenses
$9,902
Net Operating Income
$39,298
Gross Rent Multiplier
16.15
Cap Rate
5.07
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